The Myth of “Monopolies” in Free Markets
Opponents of laissez faire have spooked public opinion with a combination of bad history and worse theory.
Category: ECONOMICS FOR BUSINESS
Gold Prices Show There’s a “Big Short” Going on in Official Currencies
Those holding fiat currencies suffer losses as far as their purchasing power is concerned, while people who hold assets that gain in price are on the receiving end.
[Video] Free Market Economist Appears on Indian Youtube Channel for IAS Aspirants
The theme of the video was ‘The Recipe to Restore Growth and Prosperity’ in the context of the Covid crisis.
A Future of Peace and Capitalism
This optimistic essay, written in the depths of the Cold War, showed not only that several “communist” countries were actually practicing free market capitalism, but that the triumph of free markets was inevitable
Does Democratic Socialism Work Any Better Than Totalitarian Socialism? No !
Simply put, there is less prosperity in nations with big government compared to nations with small government.
That Which is Unseen
Anybody who understands Bastiat’s example of the broken window fallacy understands more about life than most academics.